November 17, 2016 - By kentuckypostne · 0 Comments
Good Times Restaurants Inc (NASDAQ:GTIM) institutional sentiment decreased to 0.59 in Q2 2016. Its down -0.08, from 0.67 in 2016Q1. The ratio is negative, as 10 investment professionals opened new or increased holdings, while 17 cut down and sold their equity positions in Good Times Restaurants Inc. The investment professionals in our partner’s database reported: 3.94 million shares, down from 4.94 million shares in 2016Q1. Also, the number of investment professionals holding Good Times Restaurants Inc in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 14 Reduced: 3 Increased: 6 New Position: 4.
Good Times Restaurants Inc. operates and franchises Good Times Burgers & Frozen Custard restaurants and Bad Daddy’s Burger Bar concept. The company has a market cap of $40.91 million. The Firm operates through two business divisions: Good Times Burgers and Frozen Custard restaurants and Bad Daddy’s Burger Bar restaurants (Bad Daddy’s). It currently has negative earnings. The menu of Good Times includes hamburgers, cheeseburgers, chicken sandwiches, French fries, onion rings, fresh lemonades, soft drinks and frozen custard products plus a breakfast menu consisting of breakfast burritos, orange juice and coffee.
About 3,175 shares traded hands. Good Times Restaurants Inc. (NASDAQ:GTIM) has declined 22.03% since April 15, 2016 and is downtrending. It has underperformed by 26.65% the S&P500.
Analysts await Good Times Restaurants Inc. (NASDAQ:GTIM) to report earnings on December, 13. After $0.04 actual EPS reported by Good Times Restaurants Inc. for the previous quarter, Wall Street now forecasts -175.00% negative EPS growth.
According to Zacks Investment Research, “Good Times Restaurants Inc. is a holding company. Through its wholly-owned subsidiary, they are engaged in the business of developing, owning, operating and franchising restaurants under the name Good Times Drive Thru Burgers. Good Times DriveThru Burgers restaurants are owned, operated and franchised by their subsidiary, Good Times Drive Thru Inc. Good Times Drive Thru Burgers restaurants feature a limited menu for drive-through and walk-up customers.”
Manatuck Hill Partners Llc holds 1.64% of its portfolio in Good Times Restaurants Inc. for 1.06 million shares. Cooper Creek Partners Management Llc owns 433,168 shares or 0.96% of their US portfolio. Moreover, Granite Point Capital Management L.P. has 0.48% invested in the company for 317,800 shares. The Illinois-based Driehaus Capital Management Llc has invested 0.05% in the stock. Wall Street Associates, a California-based fund reported 33,400 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 7 insider purchases, and 1 insider sale for $355,231 net activity.
Good Times Restaurants Inc., incorporated on October 6, 1987, operates and franchises Good Times Burgers & Frozen Custard restaurants and Bad Daddy’s Burger Bar concept. The Firm operates through two business divisions: Good Times Burgers and Frozen Custard restaurants (Good Times) and Bad Daddy’s Burger Bar restaurants (Bad Daddy’s). The Company’s subsidiaries include Good Times Drive Thru, Inc. (Drive Thru), BD of Colorado, LLC (BD of Colo), Bad Daddy’s Franchise Development, LLC (BDFD) and Bad Daddy’s International, LLC (BDI). The Company’s Drive Thru operates approximately 20 company-owned and over five joint venture drive-in fast food hamburger restaurants under the name, Good Times Burgers & Frozen Custard. The Company’s restaurants are located in Colorado. In addition, Drive Thru has approximately 10 franchises, operating in Colorado and Wyoming. The Company’s BD of Colo operates over three company-owned casual dining restaurants under the name Bad Daddy’s Burger Bar, all of which are located in Colorado.
Another recent and important Good Times Restaurants Inc. (NASDAQ:GTIM) news was published by Businesswire.com which published an article titled: “Good Times Burgers & Frozen Custard Gets Tails Wagging with Free Summer Treats” on June 14, 2016.
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